| Leasing in Education
Versatile Solutions in collaboration with Siemens Financial Services has a dedicated education division which arranges funding for all types of ICT as well as office, classroom and lecture theatre equipment.
You will be working with an experienced team of specialists to help you identify the correct leasing product for your establishment. Once you have decided on the best ICT solution, we will talk you through the leasing solution that suits you best.
After the equipment is installed you have the option of upgrading it, or adding to it at any time during the leasing period.
Benefits at a glance:
- Leasing is quick and easy to arrange
- It can include hardware, software, servicing and consultancy
- You pay for the equipment only during its useful working life
- We can tailor your agreement to your specific ICT needs
- You can lease equipment for periods of up to 7 years
Funding benefits
Conserves your cash reserves
Leasing allows you to acquire the best ICT solution for your school now, without using a lump sum out of your annual budget or government grant. The money saved can be invested in other areas.
Educational Benefits
Start innovative ICT projects
Special educational projects can become a reality with the right ICT. Leasing allows you to fund initiatives such as laptops for staff, school-wide networks and community access projects.
Deliver better results
Annual budgets need not dictate your ICT implementation strategy. Rather than wait for your new budget to be released, you can acquire new hardware and software at any time and help to improve your pupils' learning experience, now.
Keep up with new technology
The key benefit of leasing is flexibility. You can upgrade ageing or obsolete ICT equipment and acquire the latest software as and when it becomes necessary. In many cases, by extending the length of your leasing agreement, you can make a new investment without increasing your payments.
Administrative benefits
Total project solution
In most cases, the cost of a whole project can be taken into account within one simple agreement, including hardware, software, installation and maintenance. We can finance equipment and services from a variety of suppliers of your choice, but you only have one regular payment to make.
Administrative ease
All costs, including maintenance, can be included in your leasing agreement which streamlines and simplifies the administration process. Our Technology Refresh leasing facility is ideal where more than one item is being financed.
Cash flow and planning benefits
Improved cash flow
We appreciate the fact that school funds are largely based on the number of pupils on the roll and cash flow remains fairly consistent year on year. Leasing mirrors this for ICT procurement. Payments can be tailor-made to suit your seasonal cash flow circumstances.
Fixed payments
Payments made throughout your lease arrangement remain the same and are not affected by fluctuating interest rates. Fixed regular payments enable you to plan your budget effectively year on year.
Cost efficiency
Leasing allows you to pay for ICT only while it is delivering benefits to the school during its useful working life. Payments can be structured so that they match the realisation of these benefits in terms of cost savings.
Payment profiles
Payment profiles can be structured to meet your budget, roll-out and phased installation schedules and/or cash flow requirements.
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